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The Private Perceptions Regarding the National Bank of Romania’s Independence

Transylvanian Review of Administrative Sciences

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Title The Private Perceptions Regarding the National Bank of Romania’s Independence
 
Creator TOADER, Valentin; Lecturer, Ph.D., Business Department, Faculty of Business Babeş-Bolyai University, Cluj-Napoca, Romania
RUS, Rozalia Veronica; Teaching assistant, Business Department Faculty of Business, Babeş-Bolyai University, Cluj-Napoca, Romania
RUS, Călin Flaviu; Associate professor, Communication and PR Department, Faculty of Political, Administrative and Communication Sciences, Babeş-Bolyai University, Cluj-Napoca, Romania
 
Subject —
 
Description The independence represents an essentialcondition for the central banks that conduct aninflation targeting monetary policy. According to theinternational economic literature, the central banks’political and economical independence influencethe formation of the private inflation expectations.Even if the aspect of central bank independenceis new in our economic literature, we have somevaluable papers about this subject. These papersstudy the role of NBR independence or analyze theevolution of the NBR independence. Our approachis different. The law 312/2004 stipulates that NBRis an independent public institution, but we wantto see if the society has the same perception. Inconsequence, we decided to study the privateperceptions regarding the National Bank ofRomania’s independence. To achieve this goal, weevaluated the civil society perceptions regarding theinfluence of presidency, government, parliamentand political parties in the NBR’s activity. Ourresearch is based on the data gathered duringthe time span March 2007 – February 2008.
 
Publisher Babes Bolyai University
 
Contributor —
 
Date 2009-10-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://rtsa.ro/tras/index.php/tras/article/view/266
 
Source Transylvanian Review of Administrative Sciences; 2009: Issue No. 27 E/October; 262-270
18422845
 
Language eng
 
Relation http://rtsa.ro/tras/index.php/tras/article/view/266/259
 
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